News and Information from Bond Buyer

The last of the week’s big new issues are set to come to market on Thursday, with the institutional pricing of the Hawaii deal leading the pack.

The Chicago Purchasing Managers’ Business Barometer soared to 53.6 in March from 47.6 in February, the National Association of Purchasing Management-Chicago said Thursday.

The seasonally adjusted Milwaukee Report on Business gained to 57.78 in March from 55.22 in February, the Institute for Supply Management-Milwaukee reported Thursday.

The Midwest Economy Index gained to positive 0.07 in February from a negative 0.09 in January, the Federal Reserve Bank of Chicago said Thursday.

Thursday, March 31 Issuer St Description Amount

Thursday, March 31 Issuer St Description Amount

Week Of March 28 Issuer St Description Amount

ALABAMA

Mar. 31, 2016 Southeast: Plain/Insured GO Yield Curve* State Ratings One-Year Five-Year 10-Year 30-Year Alabama Aa1/AA/AA+ 0.57 1.16 1.92 2.88 Florida Aa1/AAA/AAA 0.57 1.22 1.91 2.85 Georgia Aaa/AAA/AAA 0.55 1.11 1.78 2.72 Kentucky Aa2/A+/AA+ 0.59 1.25 1.98 2.95 Louisiana Aa3/AA/AA 0.7 1.56 2.23 3.18 Mississippi Aa2/AA/AA+ 0.57 1.21 2.01 2.98 North Carolina Aaa/AAA/AAA 0.55 1.11 1.78 2.72 South Carolina Aaa/AA+/AAA 0.55 1.14 1.82 2.76 Tennessee Aaa/AA+/AAA 0.55 1.14 1.81 2.73 Virginia Aaa/AAA/AAA 0.54 1.1 1.77 2.71 West Virginia Aa1/AA/AA+ 0.58 1.22 1.94 2.9

3/30/2016 3/23/2016 State Iss Amount ($000s) Iss Amount ($000s) Chg in Amt ($000s) Alabama 0 $0 0 $0 0 Florida 4 448,180 9 770,825 -322,645 Georgia 0 0 2 20,990 -20,990 Kentucky 8 146,495 2 61,365 85,130 Louisiana 2 31,000 1 12,860 18,140 Mississippi 2 33,760 0 0 33,760 North Carolina 2 85,455 4 136,190 -50,735 South Carolina 0 0 1 2,170 -2,170 Tennessee 2 96,250 2 53,150 43,100 Virginia 4 428,390 3 333,145 95,245 West Virginia 0 0 0 0 0

ARKANSAS

Draft legislation created by a House committee to help Puerto Rico has a good chance of moving forward with a lot of changes, but one major hurdle is its proposed temporary moratorium on litigation over Puerto Rico debt, sources said on Wednesday.

Government

Standard & Poor’s downgraded Presence Health two notches to BBB-minus and put the rating on CreditWatch with negative implications.

Chicago will return to the bargaining table with its unions to take a second stab at reforms aimed at passing state constitutional muster, said Mayor Rahm Emanuel.

With Atlantic City inching closer to a government shutdown, multiple New Jersey Assembly members are calling for Gov. Chris Christie to compromise on a state takeover bill and use tools at his disposal to help the gambling hub avoid default.

Municipal bonds finished stronger on Wednesday, according to traders, with yields on top shelf maturities falling by as much as three basis points. The primary was topped by a large negotiated deal for California State University and a highly rated competitive sale from Anne Arundel County, Md.

Hillview, Ky. and creditor Truck America say they have reached a settlement over a $15 million judgment that will enable the city to dismiss its Chapter 9 bankruptcy case.

San Bernardino, Calif., reached a settlement agreement that gives bondholders a major haircut that is still substantially better for them than the city originally proposed in its Chapter 9 bankruptcy.

The Federal Transit Administration will distribute $266 million of competitive grants this year for transit infrastructure and environmentally friendly bus projects.